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Forex Trading Principle Proving to be Effective

Last weekend, I started learning a forex trading principle. It means, that its not a forex trading strategy and in the realm of how you would react in a certain situation. Its not a rule or guide. More like of a mindset.

As you see, I’ve been a contrarian trader. I love going against the trend and picking tops and bottoms. And that is what I have been up to. Being fed by gurus to never hunt tops and bottoms, I rebel and hunt tops and bottoms.

I stand at the top of the candle stick while I sit back and watch the bulls and the bears kill themselves.

Who says you can’t hunt tops and bottoms? This is GBPJPY. The forex market is a lone wolf’s business where going against the crowd is rewarded by fortune.

Forex and CFD’s are leveraged products that carry a high degree of risk to your capital, and it is possible to lose more than your initial investment. Leveraged trading may not be suitable for all investors, so please ensure you fully understand the risks involved and seek independent advice if necessary.